Charter Hall Direct Property Fund
Charter Hall Direct Property Fund (CHDPF) is an unlisted property fund that primarily invests in a diversified portfolio of direct office properties, providing sustainable, tax advantaged income and the potential for capital growth.
Charter Hall believes the outlook for the office property market, along with the economy and white collar employment growth, continues to steadily improve, pointing to a positive performance for the Fund in the medium term.
CHDPF is currently anchored by nine quality office properties located in established markets throughout Sydney, Melbourne and Brisbane.The Fund's portfolio currently has 95% occupancy, a weighted average lease expiry of 4.1 years secured by leases to over 130 tenants. Click here to view the property portfolio.
CHDPF features and benefits
- Sustainable, stable and growing tax-advantaged income payable quarterly
- Solid track record with 13.7% total return (over the 12 months to 31 December 2011)
- Established portfolio, currently anchored by nine quality office properties located throughout Sydney, Melbourne and Brisbane
- Potential for rental income growth by attracting and retaining quality tenants on long leases with structured rental increases
- Potential for capital growth from the current portfolio and accessing the Charter Hall Group's investment pipeline to potentially acquire additional properties at attractive prices
- Clear investment criteria and geographic, asset and tenant diversification to reduce investment risk
- Suitable for retail, SMSF and IDPS investors
CHDPF awarded "Recommended - Upper End" by Lonsec
Financial advisers can click here to download the Lonsec Research Report
The Lonsec Limited ("Lonsec") ABN 56 061 751 101 rating (assigned April 2011) presented in this document is limited to "General Advice" and based solely on consideration of the investment merits of the financial product(s). It is advice before investing in this product(s). The rating is subect to change without notice and Lonsec assumes no obligation to update this document following publication.
Lonsec receives a fee from the fund manager for rating the product(s) using comprehensive and objective criteria.
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Fund at a glance
- Fund size: $520 million
- Unit price history
- Distribution (retail): 1.10cpu
at 31 December 2011
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Contact Us
Charter Hall: 1300 652 790
directproperty@charterhall.com.auUnit Registry: 1300 137 895
charterhall@computershare.com.au
